|SP500 30-Minute : Only Gaps are Below Market|
We will not know for a while whether the above diagonal is ending or leading with more certainty (although I suspect the former). In either case, there should be "at least" three-waves down in a correction, and maybe more. Any price movement below SP500 2,265 will likely provide that down trend confirmation.
So far, the weekly candle is starting out red.
Cheers and enjoy the chart!